The project planning and estimating process (circle all that apply) :
A) uses a top-down approach to disseminate information about project goals to lower levels
B) uses a bottom up approach to prepare and check labor and cost estimates
C) employs pricing units to decide on areas of work needed and to prepare labor hour estimates
D) relies upon work package supervisors to authorize when work packages should begin
Correct Answer:
Verified
Q4: Which method relies on formulae and tables
Q5: Which method provides the least accuracy when
Q6: The estimate providing the best accuracy for
Q7: A contingency amount can be (circle one):
A)
Q8: Which of the following are potential ways
Q10: Life cycle costs (circle all that are
Q11: Which of the following statements are true
Q12: Statement: Cost escalation always results in the
Q13: Statement: Generally the amount needed in the
Q14: Statement: If a cost estimate comes up
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